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Brickworks completed the acquisition of Redland Brick for $48m.

Synopsis

Brickworks, a building material manufacturer, completed the acquisition of Redland Brick, a manufacturer of handmade, molded and extruded face brick, pavers and thin brick for the architectural and residential markets, for $48m. "We are pleased to welcome the Redland Bricks staff joining the Brickworks Group, as we continue our expansion in the United States. With a suite of well-recognised brands including the highly renowned Cushwa handmade ad moulded bricks, the acquisition will further extend our industry-leading range and premium product positioning," Lindsay Partridge, Brickworks Managing Director.

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